Author

Topic: How secure is bitcoin account from hackers (Read 675 times)

legendary
Activity: 2674
Merit: 3000
Terminated.
July 05, 2017, 07:03:28 AM
#12
Anyone who replied to the "bitcoin account" is an idiot. There is no such thing as a "Bitcoin account". Even wallets are a misleading abstraction leading newbies to think that they actually *hold Bitcoin*. In reality, wallets are just a collection of keypairs.

1. Securing your email account
Useless.

2. Securing your social media accounts
Useless.

3. Update your computer and use a good antivirus
Somewhat useful.

4. Use 2FA on all your accounts
Useless.

5. Use cloud wallets only for small values ( and offline wallets for big values )
Somewhat vague, but a step in the right direction. The general thumb rule, which is very simple, is as follows:
1) Use, in a web/mobile/hot wallet, an amount that is equal to the amount that you're comfortable with carrying in fiat in your wallet. In other words, an amount that you are okay with losing.
2) Keep the majority of your funds offline.

6. Use strong and unique password for your online accounts
Useless.

Describing how to keep funds safe is somewhat simple. There are two abstracted options:
1) General security practices for hot wallets (preferably desktop wallets, SPV or full wallets).
2) Use an air-gaped system for the remaining funds.
member
Activity: 112
Merit: 100
CareerXon - PRESALE ON 4TH NOV 50% BONUS
always store your coins in hardware wallet or paper wallet
if you are storing in offline wallet then always keep a password protected backup
only in these cases its secure
legendary
Activity: 1736
Merit: 1023
I'd recommend looking into a hardware wallet if you intend to store a lot of bitcoins. This allows you to keep the private keys off your computer and on a dedicated device to help prevent a compromise even when the PC may be infected with malware.

The other tips recommended in here are great as well and you'll definitely want to utilize 2FA whenever possible to secure any bitcoin related accounts.
jr. member
Activity: 49
Merit: 1
I just reported a possible break-in at my slushpool account.  I've opened a conversation with slushpool support, using "Kayako" which seems to be the default slushpool ticketing system. 

Is this the correct place to discuss this issue?  (Been a lurker here a while, on and off.  But I'm still a newbie.)  Thanks! 
staff
Activity: 3500
Merit: 6152
If we are speaking about online wallets (mostly coinbase, xapo etc.) where you don't really have control over your private keys then you are probably avoid targeted hacking but If a hacker is planning on hacking the whole site instead of targeting you personally then they could manage to bypass their security and this happened several times in the past. You also absolutely can't do anything against the service If they take your money because you don't have the private keys as I stated above, but they do. It's better to buy a hardware wallet and do whatever you want.
hero member
Activity: 700
Merit: 500
Getting your BTC hacked is over exaggerated, as most of us do not have enough Bitcoin to warrant hackers to waste time on us. They are going after people with tons of btc where they make way more than someone with like 0.25 btc. Although, it doesn't mean you shouldn't be careful & use strong passwords with good security.
full member
Activity: 137
Merit: 100
Well

to secure your bitcoins  :

1. Securing your email account
2. Securing your social media accounts
3. Update your computer and use a good antivirus
4. Use 2FA on all your accounts
5. Use cloud wallets only for small values ( and offline wallets for big values )
6. Use strong and unique password for your online accounts

I believe this helps you.
member
Activity: 126
Merit: 10
Bitcoin amateur learning by doing
bitcoin itself is secure.

you are not.

so worry about your own password/private keys/stuff you do online.

bitcoin cannot be hacked - mathematically not possible.

until somebody develops a better quantum computer. even then, the good guys will outbeat the bad guys. we got enough brains.

because we do not trust noone. not even government to protect our code from hacking.
newbie
Activity: 68
Merit: 0
And make sure to enable double authentication wherever you can.
member
Activity: 602
Merit: 10
Decentralized Ascending Auctions on Blockchain
How do we secure account bitcoin from hacker attacks?
basic security measures we can do;

Securing your email account
Securing your social media accounts
Use strong and unique passwords for all your accounts online
Yes thank you very help for me
because account security is very important to begin this work
full member
Activity: 560
Merit: 100
How do we secure account bitcoin from hacker attacks?
basic security measures we can do;

Securing your email account
Securing your social media accounts
Use strong and unique passwords for all your accounts online
member
Activity: 602
Merit: 10
Decentralized Ascending Auctions on Blockchain
How do we secure account bitcoin from hacker attacks?
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